Skip header navigation to main content. NREL - National Renewable Energy Laboratory
NREL Publications

Return to Search

Return to Document List Go to Next Document

Document Summary

Title: Property-Assessed Clean Energy (PACE) Financing of Renewables and Efficiency: Fact Sheet Series on Financing Renewable Energy Projects (Brochure). Energy Analysis.
Author: Speer, B.; Koenig, R.
Pages/Volumes: 4 pp.
Publication Year: 2010
Document Type: Brochure
NTIS/GPO Number: 983714
Abstract: Under property-assessed clean energy (PACE) and similar programs, municipal financing districts lend the proceeds of bonds to property owners for financing energy retrofits. Property owners who invest in energy efficiency (EE) measures and small renewable energy (RE) systems then repay these loans over 15-20 years via annual assessments on their property tax bills. States and local governments can use PACE bonds to help property owners finance EE and RE projects. This factsheet outlines the benefits of PACE programs and describes how they can be designed, implemented, and funded. The factsheet also summarizes the benefits and challenges experienced by PACE programs in Boulder County, Colorado; Annapolis, Maryland; Berkeley, California; Sonoma County, California; Palm Desert, California; and Babylon, New York.
Accession Number: 47097
Library Notes: NPL-1007 REV
Report Numbers: BR-6A2-47097


441 KB

PDF: This document is available as an Adobe Acrobat PDF. Download Acrobat Reader.